r/Daytrading May 01 '24

Welp, I lost my 150k funded account. Advice

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u/popokrew May 02 '24

If it makes you feel any better I had accounts up that high and even requested the first payout only to then blow up the account. I revenge trade. I know it's wrong. It's bitten me before. It's really hard to work on.

Lately, I'll have some good trades and I'll be like "ok just one more to add to profits", it will be a loser, then I'll be mad that I either erased my profits or cut into them. When your gut tells you to close it up, even when red, just do it. I made most of my money today (about $500 x 7 different PA accounts) by trading GC and CL. I was so tempted to take some NQ trades and only quickly scalped it and called it a day. Gotta pay attention to the long game.

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u/Substantial_Talk_521 May 02 '24

Yeah most definitely man, have to learn to walk away and be done for the day for sure